State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-688a > General-provisions > 688a-230

688A.230 Annuities: Dividends. If an annuity or pure endowment contract, other than a reversionary, survivorship or group annuity, is participating, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the contract.

(Added to NRS by 1971, 1732)

State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-688a > General-provisions > 688a-230

688A.230 Annuities: Dividends. If an annuity or pure endowment contract, other than a reversionary, survivorship or group annuity, is participating, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the contract.

(Added to NRS by 1971, 1732)